New home sales and existing home sales are released each month at about the same time. Many comparisons are made between the two series, but before doing any comparisons, one must be aware of some definition differences that affect the timing of the statistics.
The Census Bureau collects new home sales based upon the following...
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Real Estate And Mortgage News
- Flood Insurance Stopgap Extension PassesA longer-term extension is needed to ensure access to affordable flood insurance for homeowners. […]
- Housing Must Remain Nation's Top Priority, Say REALTORS®We need to keep housing first on the nation's public policy agenda, because housing and homeownership issues affect all Americans, and a housing recovery is necessary for the nation's economic well-being, according to a message delivered today by NAR President Ron Phipps during the New Solutions for America's Housing Crisis forum. […]
- The Silent Refi SurgeBy SVP Paul Mullings "You can observe a lot just by watching." – Yogi Berra One thing I observed recently was how few people seem to know the nation is experiencing a refinance surge. Pick up the paper or turn on the TV and you would think nobody can refinance a mortgage, when more than 10 million already have since 2009, saving billions of dollars […]
- University of Nebraska at Kearney is charged with discriminating against a student with a disability for not allowing her service animal to live with her in university housingUniversity of Nebraska at Kearney is charged with discriminating against a student with a disability for not allowing her service animal to live with her in university housing Read the Charge […]
- Management company is charged with discriminating on the basis of disability for breaching reasonable accommodation agreementManagement company is charged with discriminating on the basis of disability for breaching reasonable accommodation agreement Read the Charge […]
The Economy
- Manufacturers' Shipments, Inventories, and OrdersNew orders for manufactured goods in August decreased $0.8 billion or 0.2 percent to $451.0 billion. August 2011: -0.2 % change July 2011: 2.1 % change […]
FEMA
- Two Disaster Recovery Centers to Close WednesdayThe Federal Emergency Management Agency (FEMA) and the New Jersey Office of Emergency Management (NJOEM) announced today that two Disaster Recovery Centers (DRC) are closing next week. […]
- Returning Low-Interest SBA Loan Application Critical to RecoveryRALEIGH, N.C. -- For many in Carteret County recovering from Hurricane Irene, completing a disaster loan application is an essential step in recovery. Help in taking that important step is available starting Monday, Oct. 10, with the opening of a Small Business Administration disaster loan outreach center. […]
- FEMA Denial Letter May Not Be the Last WordCONCORD, N.H. Some New Hampshire residents may receive a letter from the Federal Emergency Management Agency (FEMA) saying their disaster assistance application has been denied. […]
New Residential Home Sales
Making Homes Affordable
The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program....
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How Do I Identify Loan Officers?
The loan origination business was like the wild west. Now, there is a new sheriff in town:
WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.
The...
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International Interest in U.S. Homeownership
The following article is part of a long term study The Golden Rule’s Social Justification.
ARTICLE
International home buyers are increasingly attracted to property in the U.S., according to the National Association of Realtors®’ 2010 Profile of International Home Buying Activity. Several factors, including the strength of the dollar, the value and desirability of U.S. real...
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HUD Charges Philadelphia-area Landlords with Housing Discrimination
HUD has charged the owners of several apartment buildings in suburban Philadelphia with discrimination against families with children for terminating the lease of a woman because she adopted an 11-year-old child. The charge also alleges that the owners made discriminatory statements and discouraged families from applying….
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Loan Modification Scam Prevention Network
Washintgon, DC – The Loan Modification Scam Prevention Network, led by Fannie Mae, Freddie Mac (NYSE:FRE), the Lawyers’ Committee for Civil Rights Under Law and NeighborWorks America, today announced a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state, and federal enforcement agencies.
As part of the...
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National Housing Survey
Our purpose was to gauge the public’s current attitudes toward housing, especially in light of the current housing crisis. This comprehensive research project asked more than 3,000 consumers about their confidence in homeownership as an investment, the current state of their household finances, their views on the U.S. housing finance system and their overall...
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New Construction Housing Sees Upturn
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for March 2010:
Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 685,000. This is 7.5 percent (±1.3%) above the revised February rate of 637,000 and...
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Geen Housing
WASHINGTON, DC – The U.S. Department of Housing and Urban Development today announced that Washtenaw County, Michigan is being awarded a $250,000 grant to produce 30 new affordable green rental units in Ann Arbor. The County will use Avalon Housing, Inc., an established community-based affordable housing developer, to create these new apartments which will...
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FHA Mortgages Get Modern
FHA TO ACCEPT ELECTRONIC SIGNATURES ON THIRD PARTY DOCUMENTS
Action begins broader effort to modernize FHA’s application process
WASHINGTON, DC – The Federal Housing Administration (FHA) today announced plans to modernize the application process for FHA mortgage insurance, making the process easier for borrowers and faster for lenders. FHA will begin accepting electronic signatures on third...
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Action On Flood Insurance Renewal
The National Association of Realtors® said today that it will continue to press Congress for speedy action to renew authority for the Federal Emergency Management Agency to issue flood insurance under the National Flood Insurance Program that expired March 28.
Congress is on its spring recess and will return April 12.
Flood insurance is required by...
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How does radon get into buildings?
Studies of the geology of radon include research into how uranium and radon sources are distributed in rocks and soils, how radon forms in rocks and soils, and how radon moves. Studying how radon enters buildings from the soil and through the water system is also an important part of the geology of radon.
Radon...
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Greater Philadelphia Region
- Cloud Computing Company Releases Business Plan and Incubator Products for College Technology Transfer OfficesQUIPU APPLICATIONS OFFERS NO-COST BRANDED CLOUD-BASED INVESTMENT MONITORING SOLUTION TO UNIVERSITY AND COLLEGE TECH TRANSFER OFFICES incQubator ™ Dashboard Empowers Incubated Companies to Easily Manage their Entire Portfolio of Investments Lafayette, CA – July 14, 2011 – Quipu Applications, Inc., a Cloud Computing company revolutionizing the way entrepreneur […]
- BuildABridge At City Hall in Philadelphia205 West Tulpehocken Street Philadelphia, PA 19144 215-842-0428 ddembro@buildabridge.org www.buildabridge.org Press Contact: Rita Calicat, 215-589-8491 FOR IMMEDIATE RELEASE BuildABridge At City Hall My Home is in My Heart: An Artistic Inquiry of Place, Home and Belonging by Philadelphia’s Children Philadelphia – Art In City Hall, part of the City of Philade […]